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| WSBC > SEC Filings for WSBC > Form 8-K on 31-Jan-2013 | All Recent SEC Filings |
31-Jan-2013
Other Events, Financial Statements and Exhibits
On January 29, 2013, WesBanco, Inc. (the "Company") provided a Notice of Redemption to the holders of FB Capital Statutory Trust III Floating Rate Junior Subordinated Deferrable Debentures (the "Securities"). The Securities will be redeemed on March 15, 2013 (the "Redemption Date") in full at a redemption price of 100% of the principal plus accrued and unpaid interest. The aggregate redemption price, excluding accrued interest, will total approximately $7.7 million. Interest on the Securities will no longer accrue on or after the Redemption Date.
FB Capital Statutory Trust III (the "Trust") is a Delaware trust established in 2007 by Fidelity Bancorp, Inc. which was merged with and into WesBanco, Inc. on November 30, 2012. The Trust owns Junior Subordinated Debentures issued by the Company which are also being redeemed on March 15, 2013.
Payment of the redemption price for the Securities will be made by The Wilmington Trust Company, as paying agent. Payment will be made upon presentation and surrender of the Securities to the paying agent for cancellation at the address specified in the Notice of Redemption.
The Notice of Redemption is attached as an exhibit to this report.
d) Exhibits: 99.1 - Notice of Redemption to the holders of FB Capital Statutory Trust III Floating Rate Junior Subordinated Deferrable Interest Debentures
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